AdsWizz Signs Agreement with AI Music to Bring New Capabilities to AdsWizz Audio Ad Buying Platform
Solution Dynamically Adjusts Audio Ad Background Based on Listener Genre to Create a Less Disruptive, More Personalized Audio Ad Experience.
Dunkin’ is One of the First Brands to Leverage the Technology.
San Mateo, CA and London, UK (July 7, 2021) — AdsWizz, the global leader in digital audio and podcast technology solutions, and AI Music, a London based AI and music technology company, announced today that they have signed an agreement to bring AI Music’s Sympaphonic Ads technology to AdsWizz AudioMatic DSP, the company’s audio and podcast ad buying platform. Dunkin’, America’s all-day, everyday stop for coffee and baked goods, is one of the first to tap into the joint solution to enhance the way they engage with listeners.
The integration means that brands and agencies using AdsWizz AudioMatic can enable the background audio of the ads to automatically adjust to the listener’s music genre, in real-time when the ad is played. The technology also has been shown to result in more ad engagement, and to significantly cut production time for brands and agencies, while delivering a more personalized ad experience. Under the terms of the agreement, AdsWizz AudioMatic is the only ad buying platform that can take advantage of this technology for digital audio advertising.
“We’re excited to be working with AI Music to bring Publicis Inspire Media Engine and Dunkin’ new digital audio ad experiences,” said Pierre Naggar, SVP of Global Demand, AdsWizz. “Pilot campaigns have shown advertisers’ positive results with an average of 95% decrease in production time, 5x greater efficiency compared to standard audio tactics, and 238% higher engagement compared to non-personalized ads.”
“AdsWizz is the ideal partner to bring this solution to market” said Siavash Mahdavi, CEO of AI Music. “We believe that this will enable brands and agencies to more closely engage with their audience, as they can create audio ads at scale that are less disruptive for listeners.”
“We’re thrilled to be one of the first brands to run campaigns using the Sympaphonic Ad product with AdsWizz, in collaboration with Publicis Inspire Media Engine, as we promote our espresso platform and highlight our new non-dairy offerings,” said Keith Lusby, VP of Media at Dunkin’. “Leveraging the AI ad product gives listeners a seamless, personalized ad experience.”
The solution is available today in beta to agencies and trading desks globally that use AdsWizz AudioMatic DSP, and to publishers that use AdsWizz AudioServe Campaign Manager.
AdsWizz has created the end-to-end technology platform that is powering the digital audio advertising and podcast ecosystem. AdsWizz is the underlying monetization solution for well-known music platforms, podcasts and broadcasting groups worldwide. Through dynamic ad insertion, advanced programmatic platforms, and innovative audio formats, AdsWizz efficiently connects buyers and sellers for digital audio and podcast advertising, and offers industry leading podcast publishing and analytics via Simplecast. AdsWizz is owned by Sirius XM Holdings Inc. (NASDAQ: SIRI), and is headquartered in San Mateo, California, with a Technology Development Hub in Bucharest, Romania.
About AI Music
AI Music is the category-defining music company on a mission to change how we create, consume and interact with music. With AI Music, creation and consumption are closely intertwined in a context-aware, user-centric experience, fundamentally changing the value creation equation. AI Music is driving a step change to an entirely new adaptive music format and the hyper-personalization of music experience. To find out more, please visit: www.aimusic.co.uk
AI Music press contact: Daga Pajduszewska firstname.lastname@example.org
AdsWizz press contact: Anna Fireman email@example.com